“Suitability” In The Sale of Fixed Insurance Products:
announced in 2009, had deemed index annuities to be "securities", subject to its jurisdiction. After a Federal court vacated the rule in American Equity Investment Life Insurance company, et al. v. Securities and Exchange Commission (No. 09-1021 – D.C. Circuit), the Commission withdrew the rule in October, 2010. Section 989J of the Dodd-Frank ................
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